 | Trade Remedies : Law of Dumping, Subsidies and Safeguards in China As international trade turns increasingly toward China, it is crucial for trade practitioners to grasp the law of trade remedies as practiced in that country. Since China acceded to the World Trade Organization in 2002, its liberal and even enthusiastic interpretation of the WTO rules (and exceptions) on dumping, subsidies and safeguards - frequently noted in its rigorous antidumping enforcement activity - has revealed China's adherence to the "infant industry" theory of international trade. China's concerted use of trade remedies can be best understood as the government's support of its industries - which not long ago were merely units in a centrally-planned economy - as they struggle toward competitive advantage. However, for trade professionals outside of China, these specialized circumstances can give rise to serious legal difficulties. It is in order to forestall such problems, with keen analysis and informed insight, that this book has been written. The reader will find enormously helpful analysis of, and information about, such relevant details as the following, among many more: ■ the role of the China State Economic and Trade Commission (SETC) and other official bodies; ■ how petitions for antidumping and anti-subsidy investigations are filed; ■ "normal value" and "constructed value" and their adjustments; ■ actionable and non-actionable subsidies; ■ assistance to disadvantaged regions, for reform activities, and for environmental reasons; ■ indirect taxes; ■ injury criteria of dumping and subsidies; ■ fact patterns that give rise to safeguards; ■ subject matter jurisdiction of judicial review; and ■ administrative review.T rade Remedies: Laws of Dumping, Subsidies and Safeguards in China expertly covers an important area of practice where little or no reliable materials existed before. In a world trade environment where China's significance is growing rapidly, this book's value for legal practitioners, trade officials, trade policymakers and academics in international trade law, anywhere in the world, cannot be overstated. |
